posted by mark
on Wed, 06/22/2022 - 14:16
People are buying Revlon like crazy and Revlon is in bankruptcy. Bankruptcy usually means the common equity is WIPED OUT by the courts, but still people buy. the “dip”.
By definition, Revlon has NO fundamentals.
Unless you’re a very highly skilled special situations analyst, this isn’t the place to be. There are very, very few of these highly skilled folks.
When capitulation hits the stock market it will hit hard. This is a red herring of things to come!
Most people have to touch the fire to learn how painful burns are! This isn’t a video game. It’s real…
